Forum Archive Index - June 2000

[jesse <johne777@hotmail.com>]

Hi Julian
re your post on MACD.....it's a momentum indictor, so best used with
trending stocks. It can help you see when a trend is strengthening,
weakening or changing direction. It's usefulness is reduced the weaker
the trend, and next to useless in a sideways stock.
Like any momentum indictor, high volatility will stuff it up. With
volatility increasing, you need to look at oscillating indicators.
Should you use it with other indicators? Up to you....but the more
indicators that point the same way, the better.
No indictor/graph tells you when to buy or sell, rather, they may
indicate an overbought or oversold position, a changing trend, whatever.
Then you decide if thats a buy or sell signal.
More info here:
http://daytrading.about.com/money/daytrading/library/weekly/aa022100a.htm

and

http://www.clearstation.com/education
j


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